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Dec 30, 2012
12/12
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KOFY
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. >> president obama is urging congress to focus. >> i'm optimistic that an agreement can be achieved. >> at the white house friday the president and congressional leaders spent some 70 minutes in a negotiating session and agreed to keep talking. >> it was constructive. >> it was constructive. >> i'm hopeful and optimistic. >> as snow fell on mostly deserted washington, two sides continued bargaining. if there some on deal, president obama wants smaller bill extending tax cuts making $250,000 or less and continuing unemployment benefits for millions that will lose them. >> i believe such a proposal could pass both houses with bipartisan majorities as long as these leaders allow it to come to a vote. >> we can still avoid going over the fiscal cliff if the president and democratically controlled senate step forward to solve this problem and solve it now. >> frustration over the impasse runs from wall street where the dow is down 400 points to main street. >> this is america. they should be working for the american people. >> the parties are trying to outdo each other. >> sit down and d
. >> president obama is urging congress to focus. >> i'm optimistic that an agreement can be achieved. >> at the white house friday the president and congressional leaders spent some 70 minutes in a negotiating session and agreed to keep talking. >> it was constructive. >> it was constructive. >> i'm hopeful and optimistic. >> as snow fell on mostly deserted washington, two sides continued bargaining. if there some on deal, president obama wants smaller...
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Dec 29, 2012
12/12
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MSNBCW
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eye 102
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president obama out right now. everybody's always known two things about the cliff. you're almost certainly going to get more taxes in a deal after you go over than in a deal before you go over it. that's because after you go over the cliff, taxes already go up for everybody. so anything you do, any reasonable deal congress reaches, it will be a big tax cut. but the other thing about the fiscal cliff is you don't want to be blamed for going over it. it is going to be bad for the economy. it's bad for the country. what speaker boehner's done is create a situation in which we're going to go over the fiscal cliff. but the people who want higher taxes, the democrats, they're not going to be blamed for it. after all, it was john boehner who walked away from negotiations to try plan "b" last week. then it was john boehner who planned to pass plan "b" that very same week. then it was mr. boehner who said it was up to the senate, someone else's problem. just from a pr perspective, what john boehner has done here is a debac
president obama out right now. everybody's always known two things about the cliff. you're almost certainly going to get more taxes in a deal after you go over than in a deal before you go over it. that's because after you go over the cliff, taxes already go up for everybody. so anything you do, any reasonable deal congress reaches, it will be a big tax cut. but the other thing about the fiscal cliff is you don't want to be blamed for going over it. it is going to be bad for the economy. it's...
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Dec 29, 2012
12/12
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MSNBCW
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we are definitely going over, that whole fiscal cliff thing where congress and the white house cannot reach a deal, and they may be get us in a recession. it's going to happen. that was the whole point of president obama's press conference this afternoon. >> i still want to get this done. it's the right thing to do for our families and our businesses and the entire economy. but the hour for immediate action is here. it is now. >> allow me a quick moment, that press conference came after president obama met with john boehner and nancy pelosi and harry reed and mitch mcconnell and all the kree congressional leaders and listen to the president here. >> the american people are watching what we do here. obviously their patience is already thin. this is deja vu all over again, america wonders why it is, in this town for some reason, you can't get stuff done in an organized timetable. why everything has to wait for the last minute. we are now at the last minute and the american people are not going to have any pabs for a political -- patience for a politically self-inflicted wound right now.
we are definitely going over, that whole fiscal cliff thing where congress and the white house cannot reach a deal, and they may be get us in a recession. it's going to happen. that was the whole point of president obama's press conference this afternoon. >> i still want to get this done. it's the right thing to do for our families and our businesses and the entire economy. but the hour for immediate action is here. it is now. >> allow me a quick moment, that press conference came...
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126
Dec 24, 2012
12/12
by
WRC
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congress is not expected to return to work until thursday. that's the same day president obama will return. he's spending christmas in hawaii with his family. that leaves them just five days to get a deal done to avoid steep tax hikes and big-time spending cuts. senators on both sides of the aisle say both parties need to compromise to avoid a potential economic disaster. >>> last-minute shoppers may not have been as merry this year as retailers had hoped. good morning. >> good morning to you. shoppers filled the malls and stores on the final weekend before christmas but many people may have not been filled with holiday spirit this year. research group npd says customer traffic was in line with last year but consumers are spending less. a combination of factors may be weighing on their minds including the tax impact of the fiscal cliff, aftereffects of sandy and shootings in connecticut. 'tis the season for giving but many charities aren't on the receiving end. the single biggest source of revenue for most charities are down as you are big gi
congress is not expected to return to work until thursday. that's the same day president obama will return. he's spending christmas in hawaii with his family. that leaves them just five days to get a deal done to avoid steep tax hikes and big-time spending cuts. senators on both sides of the aisle say both parties need to compromise to avoid a potential economic disaster. >>> last-minute shoppers may not have been as merry this year as retailers had hoped. good morning. >> good...
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Dec 30, 2012
12/12
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CSPAN
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pass both houses of congress. and republicans agree. the republican controlled house is taking the step into the right direction. the house has already passed a bill to protect all americans from burdensome tax increases. they passed legislation rick -- replaced damaging spending cuts with responsible targeted ones and to bring our nation's record debt under control. instead of working across the aisle and considering the house passed plan to protect taxpayers, senate democrats spent months going partisan -- drawing partisan lines in the sand. the president's proposal to raise taxes on the top to% of americans will might even play one-third of the annual interest owned on this massive $16 trillion debt. the president's tax hike would only fund the government for eight days. americans deserve to know what does the president propose we do for the other 357 days of the year. inaction should not be an option. the problems facing our country are big with their not necessarily all that complicated. the president will ne
pass both houses of congress. and republicans agree. the republican controlled house is taking the step into the right direction. the house has already passed a bill to protect all americans from burdensome tax increases. they passed legislation rick -- replaced damaging spending cuts with responsible targeted ones and to bring our nation's record debt under control. instead of working across the aisle and considering the house passed plan to protect taxpayers, senate democrats spent months...
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Dec 26, 2012
12/12
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FOXNEWSW
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the proposal would have to be approved congress. >>> president obama is spending christmas with some of the nation's bravest men and women. greeting marines at a gays near their vacation home in hawaii paying tribute to them and their family. an annual vacation tradition for president obama. that is your 5@5:00. >>> speaking of the president. fox news confirming he will be cutting his vacation short to get back to work on the fiscal cliff. peter doocy has more. >> president obama will departed hawaii for washington, d.c. late tonight leaving his wife michelle and daughters sasha and malia behind. the latest guidance we have from white house is that the president will be back here in the nation's capital where it is presently 36 degrees sometime tomorrow morning. united states government is set to go off the fiscal cliff on new year's day. at this point we don't know if the president plans to return at the to hawaii if the tax hikes are avoided well in advance of the of the new year. he's there to talk to himself. john boehner will come back at any time. his office told us it would be
the proposal would have to be approved congress. >>> president obama is spending christmas with some of the nation's bravest men and women. greeting marines at a gays near their vacation home in hawaii paying tribute to them and their family. an annual vacation tradition for president obama. that is your 5@5:00. >>> speaking of the president. fox news confirming he will be cutting his vacation short to get back to work on the fiscal cliff. peter doocy has more. >>...
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Dec 27, 2012
12/12
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CSPAN2
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it's our responsibility in congress to hold the entire executive branch accountable. if we do not ask these questions, we're simply not doing our job. and that's true whether it's president obama or president bush or some other president. i hope we can adopt the wyden amendment to improve the reporting requirements of the fisa act. i urge my colleagues to support this commonsense amendment. with that, i yield the floor. the presiding officer: the senator from indiana. mr. coats: i ask unanimous consent the senate proceed to the immediate consideration of h.r. 1, for the purpose of calling up and debating the coats amendment. that following the remarks of senator coats, senator alexander be recognized, that the senate resume consideration of the fisa bill h.r. 5949 after that and all that provisions -- and that all provisions of the previous orders remain in effect. the presiding officer: is there objection? without objection. the clerk will report. mr. coats: i'd like to call -- the presiding officer: the clerk will report. the clerk: h.r. 1, an act making appropriati
it's our responsibility in congress to hold the entire executive branch accountable. if we do not ask these questions, we're simply not doing our job. and that's true whether it's president obama or president bush or some other president. i hope we can adopt the wyden amendment to improve the reporting requirements of the fisa act. i urge my colleagues to support this commonsense amendment. with that, i yield the floor. the presiding officer: the senator from indiana. mr. coats: i ask unanimous...
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Dec 27, 2012
12/12
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MSNBCW
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and "the washington post" reports tea party stays on the sidelines as obamas, republicans in congress tackle fiscal cliff. the most visible former elected official in the tea party and, of course, chairman of freedom works tried to oust several freedom works officials this fall. in fact, according to the post, army thieves control momentarily of the group. and he brought a gun carrying aide to remove rivals within the organization. but within a week, army was out. freedom works arranged an $8 million pay page for him. $8 million. that is more than the organization's entire annual budget in some years. over in the house, several tea party allies were recently stripped of their committee assignments by speaker boehner. so there are some problems there at the top. an influential conservative is lashing out. >> the tea party is going of to look at itself. it's been so helpful to the republican party in the past. it saved i by not going third party in 2010, helping the republicans sweep the house. but the tea party style of rage is not one that wins over convertes and makes people lean tow
and "the washington post" reports tea party stays on the sidelines as obamas, republicans in congress tackle fiscal cliff. the most visible former elected official in the tea party and, of course, chairman of freedom works tried to oust several freedom works officials this fall. in fact, according to the post, army thieves control momentarily of the group. and he brought a gun carrying aide to remove rivals within the organization. but within a week, army was out. freedom works...
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Dec 27, 2012
12/12
by
KRON
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and there still seems to be no signs of compromise between congress president obama is cutting his holiday vacation in hawaii short. and will return to washington tomorrow. house and senate members are expected to reconvene tomorrow as well. without a budget agreement, automatic tax increases for everyone and deep spending cuts will be triggered in the new year. the main dispute continues to be over taxes. >> in national news. dallas cowboys nose tackle josh brent has been formally indicted on a charge of intoxication manslaughter. for the crash that killed a teammate. brent was arrested earlier this month after police say he flipped his car while speeding though a neighborhood in suburban dallas. brent survived the crash. but his friend and teammate. practice squad member jerry brown. died at a hospital. intoxication manslaughter carries a maximum sentence of 20 years in prison. no court dates have been set. >> right now parts of the country are dealing with the aftermath of a severe storm system that is being blamed for at least six deaths. and tonight. we have dramatic new video of a ma
and there still seems to be no signs of compromise between congress president obama is cutting his holiday vacation in hawaii short. and will return to washington tomorrow. house and senate members are expected to reconvene tomorrow as well. without a budget agreement, automatic tax increases for everyone and deep spending cuts will be triggered in the new year. the main dispute continues to be over taxes. >> in national news. dallas cowboys nose tackle josh brent has been formally...
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Dec 31, 2012
12/12
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KTVU
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president obama announced this weekend he'll presented package to congress to make sure the shootings in newtown connecticut do not fade from public attention. >>> it certainly won't feel like that to me. this is something that -- that was the worst say of my presidency and it's not something that i want to see repeated. >> the president admits will be resistant, but for congressional leaders willing to make a change in gun laws, he says armed guards in schools will work. >> i am skeptical that the only answer is putting more guns in schools. and i think the vast majority of the american people are skeptical that that somehow is going to solve our problem. >>> a half dozen teachers took a firearmed training course, some who had never handled a gun. the population is not only affected by the shootings, but the movie theater shootings in july killing i 6-year-old girl. >> according to the marin, the community have given $10,000. officials plan to offer $200 for automatic weapons and riflefle. >>> the bill faces an uncertain future in the house. >> there are a couple of reasons why the $
president obama announced this weekend he'll presented package to congress to make sure the shootings in newtown connecticut do not fade from public attention. >>> it certainly won't feel like that to me. this is something that -- that was the worst say of my presidency and it's not something that i want to see repeated. >> the president admits will be resistant, but for congressional leaders willing to make a change in gun laws, he says armed guards in schools will work....
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Dec 31, 2012
12/12
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MSNBCW
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and of course, president obama sort of continuing his public campaign to pressure congress, not only republicans, but also, democrats who have expressed skepticism about this deal and not getting enough in new revenues. the president saying, look, this is not a perfect deal, not grand bargain, the big deal they had initially hoping for and working on but it is a deal nonetheless and will prevent at least part of the fiscal cliff set to go in to effect in a matter of hours now. >> mike, we talk a lot here about the sequester, the income tax rates for the wealthy and other issues that need to be resolved or one on the table. one that's not on the table, the payroll tax extension is just gone. unemployment insurance extension looks like it's part of this. and medicare dock fix. you have any sense of two other things that obama's been looking for here? one is an extension of the expansion of the refundable tax credits of stimulus in 2009. these are things pushing for. if that's part of it and obama looking for at least some infrastructure, some stimulus spending. are any of those compone
and of course, president obama sort of continuing his public campaign to pressure congress, not only republicans, but also, democrats who have expressed skepticism about this deal and not getting enough in new revenues. the president saying, look, this is not a perfect deal, not grand bargain, the big deal they had initially hoping for and working on but it is a deal nonetheless and will prevent at least part of the fiscal cliff set to go in to effect in a matter of hours now. >> mike, we...
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Dec 24, 2012
12/12
by
WUSA
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president obama is in hawaii for christmas with his family b. before he left, he urged congress to adopt a stopgap measure to prevent taxes from rising on people who make less than $250,000 a year. he also asked for a plan to keep providing benefits to unemployed workers. house speaker john boehner is home in cincinnati. he failed to get members of his own party to support his plan b proposal to end the crisis. he said the stalemate and failure of plan b rests with the democrats. >> what the president has offered so far simply won't do anything to solve our spending problems and begin to address our nation's crippling debt. instead he wants more spending and more tax hikes that will hurt our economy. and he refuses to challenge the members of his matter to deal honestly with the entitlement reform and the big issues that are facing our nation. that's why we find ourselves here today. >> president obama is scheduled to return to washington on wednesday. there's no word if any new talks are planned. >>> 9news is tracking the discussions on capitol
president obama is in hawaii for christmas with his family b. before he left, he urged congress to adopt a stopgap measure to prevent taxes from rising on people who make less than $250,000 a year. he also asked for a plan to keep providing benefits to unemployed workers. house speaker john boehner is home in cincinnati. he failed to get members of his own party to support his plan b proposal to end the crisis. he said the stalemate and failure of plan b rests with the democrats. >> what...
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Dec 30, 2012
12/12
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KGO
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but will congress bow to president obama's pressure. >> and the i-team reveal while the state unemployment department won't answer your phone call when you knead the most help. >> the fight against the growing crime in oakland. what community leaders say >> ama: our breaking news from the south bay. san jose firefighters are battling a two-alarm fire in an important building -- an apartment building. firefighters say a second floor apartment is fully engulfed in flames. there's a report of one injury to a person suffering smoke inhalation. >> a family is grieving the loss of a father and son. the father tried to save his nine-year-old son who was overtaken by a wave. both victims were pronounced dead after rescuers recovered them off the shore. >>> san francisco police are looking for the man who robbed a woman, then killed her dog, last night. the 12-year-old pekingese was thrown on the street in front of traffic. a witness to the crime is offering a $1,000 reward to capture the taker. >> three horses were killed on highway 2 0 in redwood city after escaping from a farm. two drivers that
but will congress bow to president obama's pressure. >> and the i-team reveal while the state unemployment department won't answer your phone call when you knead the most help. >> the fight against the growing crime in oakland. what community leaders say >> ama: our breaking news from the south bay. san jose firefighters are battling a two-alarm fire in an important building -- an apartment building. firefighters say a second floor apartment is fully engulfed in flames....
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Dec 28, 2012
12/12
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WTTG
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we still are hopeful that president obama could intervene. he could talk with president putin and say, we have our differences, let's work this out for the benefit of the children and the families involved. and there's been a 20-year history of russia and united states working cooperatively to make homes available for these children. >> you just mentioned president obama. is there any chance you see this being worked out to where it doesn't get to this point, because now as you just mentioned, there are a lot of children who are waiting as we speak to be adopted? >> well, we have organized a write-in to members of congress, as well as to the white house, asking them to intervene. we have not heard anything from them. but we are hopeful that our administration will take this on and approach russia on this issue, and say let's do what's in the best interest of children and set aside our political differences. >> all right. we really do hope that gets worked out for the best interest of the children. president and ceo of one of the largest adopt
we still are hopeful that president obama could intervene. he could talk with president putin and say, we have our differences, let's work this out for the benefit of the children and the families involved. and there's been a 20-year history of russia and united states working cooperatively to make homes available for these children. >> you just mentioned president obama. is there any chance you see this being worked out to where it doesn't get to this point, because now as you just...
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Dec 30, 2012
12/12
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KGO
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but will congress bow to president obama's pressure. >> and the i-team reveal while the state unemployment department won't answer your phone call when you knead the most help. >> the fight against the growing crime in oakland. what community leaders say i'm only in my 60's... i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, it could save you thousands in out-of-pocket costs. call now to request your free decision guide. i've been with my doctor for 12 years. now i know i'll be able to stick with him. you'll be able to visit any doctor or hospital that accepts medicare patients. plus, there are no networks, and you never need a referral. see why millions of people have already enrol
but will congress bow to president obama's pressure. >> and the i-team reveal while the state unemployment department won't answer your phone call when you knead the most help. >> the fight against the growing crime in oakland. what community leaders say i'm only in my 60's... i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you...
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Dec 24, 2012
12/12
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WRC
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eye 127
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congress is not expected to return to work until thursday. the same goes for president obama who will spend christmas in hawaii. that leaves them five days to get a deal done to avoid steep tax hikes and big-time spending cuts. senators on both sides of the aisle say both parties need to compromise to avoid a potential economic disaster. >> my one bit of advice to speaker boehner is this. you cannot pass a bill with just republicans on a broad thing like this, you need both. >> ronald reagan model is if you get 80% of what you want that's a good day. we have the same objective of lower taxes. i like simpson-bowles. put money on the debt. tax rate hikes are partisan solution driven by the president but he's going to get tax rate hikes. >> lawmakers say they are preparing to spend new year's eve on capitol hill. >> one of the survivors in the oregon mall shooting is speaking out for the first time. the 15 year old was shot december 11th. she was walking through the mall and says the gunman walked right past her carrying what she thought was a p
congress is not expected to return to work until thursday. the same goes for president obama who will spend christmas in hawaii. that leaves them five days to get a deal done to avoid steep tax hikes and big-time spending cuts. senators on both sides of the aisle say both parties need to compromise to avoid a potential economic disaster. >> my one bit of advice to speaker boehner is this. you cannot pass a bill with just republicans on a broad thing like this, you need both. >>...
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Dec 29, 2012
12/12
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CNNW
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so president obama agreed to extend the tax cuts for two more years in exchange for congress extending federal emergency unemployment benefits. those cuts are expensive. if they're extended, by 2020, the bush-era tax cuts will be responsible for more than half the total national debt. democrats insist that taxes go up for the wealthy but stay in place permanently for those earning less than $250,000 a year. >> we need to stop the job-killing tax hikes, and we need to start cutting spending now. >> reporter: republicans refuse to play ball. they say no higher rates on the rich, no tax hikes on anyone. based on an ideology that calls for government to be as small as possible. now, its roots are as old as american politics. but today the philosophy's main spokesman is this man, grover norquist. president of americans for tax reform. norquist's pledge, signed by almost all republicans in congress, forbids signatories from raising taxes ever, under any circumstances. things come to a head in the summer of 2011. republicans demand the government reduce its deficit as a condition for raising
so president obama agreed to extend the tax cuts for two more years in exchange for congress extending federal emergency unemployment benefits. those cuts are expensive. if they're extended, by 2020, the bush-era tax cuts will be responsible for more than half the total national debt. democrats insist that taxes go up for the wealthy but stay in place permanently for those earning less than $250,000 a year. >> we need to stop the job-killing tax hikes, and we need to start cutting...
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Dec 30, 2012
12/12
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FOXNEWSW
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in which the president blamed the entire crisis squarely on congress and the g.o.p. mcconnell's office responded with while the president was taping those discordant remarks senator mcconnell was in the office work to go bring republicans and democrats to get on the solution. discussions continue today. >>> joining me, doug shawn, former pollster for president bill clinton. nancy, media speaks strategy and national spokesperson to senator john mccain. >>> the president goes on "meet the press" and claims it's the fault of the awful republicans and that angers mcconnell, who lashes back out. so that was clearly a calculated risk by the president, angrying your opponent versus pressuring him publicly to cave. which way does it go? >> we don't know. we're all pretty pessimistic given the breakdown the talks today but i think the president's strategy is to keep constant pressure on the republicans, recognizing this battle is not going to be over whether or not there's a deal. it's going to go on dealing with the debt sciele and the budget and the president is not letting
in which the president blamed the entire crisis squarely on congress and the g.o.p. mcconnell's office responded with while the president was taping those discordant remarks senator mcconnell was in the office work to go bring republicans and democrats to get on the solution. discussions continue today. >>> joining me, doug shawn, former pollster for president bill clinton. nancy, media speaks strategy and national spokesperson to senator john mccain. >>> the president goes on...
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Jan 1, 2013
01/13
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KPIX
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. >> reporter: president obama said he wanted a grand bargain that dealt with taxes and spending cuts at the same time. >> but with this congress that was obviously a little too much to hope for at this time. >> reporter: house speaer john boehner has not yet publicly endorsed the deal. and even though congress did not meet the midnight deadline, tax cuts will be retroactive if the bill is eventually signed into law. terrell? >> tara mergener in washington, thank you so much. the bill also extends unemployment benefits for 2 million people. it prevents a 27% cut in fees for doctors who treat medicare patients. but many americans will see a tax hike because the bill does not affect a scheduled 2% increase in the payroll tax. it also kicked the can down the road on automatic spending cuts for the defense department and domestic programs. they've been postponed for two months. as lee cowan reports, that uncertainty has many business owners worried. >> reporter: jo ann vinute is running the numbers. her payroll is due this week. although she at least now has a hint on what taxes to withho
. >> reporter: president obama said he wanted a grand bargain that dealt with taxes and spending cuts at the same time. >> but with this congress that was obviously a little too much to hope for at this time. >> reporter: house speaer john boehner has not yet publicly endorsed the deal. and even though congress did not meet the midnight deadline, tax cuts will be retroactive if the bill is eventually signed into law. terrell? >> tara mergener in washington, thank you so...
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Dec 31, 2012
12/12
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CSPAN
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the house stands >> fiscal cliff negotiations continue between congress and the white house. the house returns tomorrow at noon eastern. we will have coverage here on c- span. president obama spoke about the afternoon,ff this ev but in the agreement will not happen before tomorrow. his remarks are 10 minutes. >> happy new year to you. hello, everybody. thank you. please, everybody, have a seat. good afternoon, everybody. welcome to the white house. i realize that the last thing you want to hear on new year's eve is another speech from me. but i do need to talk about progress that is being made in congress today. for the last few days, leaders of both parties have been working on an agreement that will prevent the middle-class tax hikes hitting 90% of all americans starting tomorrow. preventing that tax hike has been my top priority. it is the last thing that folks like who are appear on this stage can afford right now, to pay an extra $2,000 in taxes. the middle class taxes cannot afford it -- middle-class families cannot afford it, and our economy cannot afford it. today it
the house stands >> fiscal cliff negotiations continue between congress and the white house. the house returns tomorrow at noon eastern. we will have coverage here on c- span. president obama spoke about the afternoon,ff this ev but in the agreement will not happen before tomorrow. his remarks are 10 minutes. >> happy new year to you. hello, everybody. thank you. please, everybody, have a seat. good afternoon, everybody. welcome to the white house. i realize that the last thing you...
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Dec 27, 2012
12/12
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FOXNEWSW
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congress will be back in session as well. this is the first time since 1970 that a house of congress -- in this case the senate -- conducted legislative business in the week between christm new. doesn't mean they're going to get anything done. the most likely outcome seem to be we go over the fiscal cliff or there is a temporary stop-gap solution. absent that, we are heading over the cliff. >> you are going to have less money to spend in a very difficult economy with very little clarity on how the economy is going to pick up in the near future or even in the long run. we are entering into a very difficult era, unfortunately. >> we talk about the impact on the economy. it's because as your income goes up, your tax hike will get larger and larger and collectively, it's a lot of money out of the economy. you look at folks making more than $500,000 a year, their taxes would go up on average $120,000. that's money that won't be spent on consumer goods, won't be invested. it will simply go to the government and it may cause, may ca
congress will be back in session as well. this is the first time since 1970 that a house of congress -- in this case the senate -- conducted legislative business in the week between christm new. doesn't mean they're going to get anything done. the most likely outcome seem to be we go over the fiscal cliff or there is a temporary stop-gap solution. absent that, we are heading over the cliff. >> you are going to have less money to spend in a very difficult economy with very little clarity...
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Dec 30, 2012
12/12
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KRON
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president obama says he's optimistic that congress will reach a deal in time. chris mozingo has the story. >> reporter: converses running out of time if before the economy will go over the fiscal cliff. they say that reaching a deal will not be easy. >> we cannot afford a politically self-inflicted wound to the economy. the people that you sent to washington half to do with their jobs. >> mitch mcconnell was are riding on capitol hill just hours before meeting with obama. >> we are going to see if we can get there in the next 24 hours. i am hopeful and optimistic. >> politicians on both sides have the responsibility but the president's tax hike will not do much to address the debt. >> the top 25 of american will not even pay one-third of the annual interest that is owed for this 16 trillion dollar debt. >> washington will return before the end of the year but they are likely to be burning the midnight oil. >>> we'll take a quick break on kron 4 news weekend. but first, let's take a live look outside at san francisco from our roof cam here on van ness avenue. le
president obama says he's optimistic that congress will reach a deal in time. chris mozingo has the story. >> reporter: converses running out of time if before the economy will go over the fiscal cliff. they say that reaching a deal will not be easy. >> we cannot afford a politically self-inflicted wound to the economy. the people that you sent to washington half to do with their jobs. >> mitch mcconnell was are riding on capitol hill just hours before meeting with obama....
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president obama blamed republicans. >> we don't see an agreement and now the pressure is on congress to produce. >> the president talked about making social security cuts. and they now appear to be off the table. which means that just about any deal congress and the president come up with now will drive deficits even higher. >> and the other thing the markets. for instance, on friday, the dow was up 160 points. and when you look at the last five days of trading, the markets were closed on christmas but down every single one of those days. in washington, doug luzader, fox news. >> sit down with law makers for an inside look at the last minute fiscal cliff negotiations. >> plus, counting down the hours until maryland makes history. how the free state is getting ready for tomorrow's first same sex marriage. >> we're going to show you the dramatic video of a russian plane crashing alongside a crowded highway. >> a live look outside. the latest weather and traffic coming up next. we'll be right back. >>> checking world news this morning. video from a plane cras
president obama blamed republicans. >> we don't see an agreement and now the pressure is on congress to produce. >> the president talked about making social security cuts. and they now appear to be off the table. which means that just about any deal congress and the president come up with now will drive deficits even higher. >> and the other thing the markets. for instance, on friday, the dow was up 160 points. and when you look at the last five days of trading, the markets...
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, the obama white house. we know one reason the non-white vote was on the rise, it's not just birthrate. the reason is not because the black population is increasing, but because the black turnout rate is increasing. latino and asian voters rate was lower than their share, black voters make up 12% of the eligible electorate and 13% of the actual turn out in november. they use republicans to suppress the vote to energize black voters. want to find out what my guests know now that they didn't? >> the black voting. >> proof we don't coordinate before the show. >> about that, i'll add that it didn't begin with 2008. it began in 2000, the black turnout rate jumped up. it's been increasing since then. there's a real question about whether it's obama driven or whether black voters turn out more indefinitely. >> what we now know is the tea party is going to get blamed no matter what. this cycle, back in 2010, the republican party wanted to take credit. they didn't do any of it. it was us that had the momentum. washin
, the obama white house. we know one reason the non-white vote was on the rise, it's not just birthrate. the reason is not because the black population is increasing, but because the black turnout rate is increasing. latino and asian voters rate was lower than their share, black voters make up 12% of the eligible electorate and 13% of the actual turn out in november. they use republicans to suppress the vote to energize black voters. want to find out what my guests know now that they didn't?...
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but with this congress that was obviously a little too much to hope for at this time. [laughter] >> maybe we can do it in stages. we'll solve this problem instead in several steps. last year in 2011 we started reducing the defend city through $1 trillion in spending cuts. those have already taken place. the agreement being worked on right now would further reduce the deficit by asking the wealthiest 2% of americans to pay higher taxes for the first time in two decades. so that would add additional hundreds of billions of dollars to deficit reduction. so that's progress. but we are going to need to do more. keeping in mind last month republicans in congress said they would never agree to raise tax rates on the really nest americans. obviously the agreement would raise those rates permanently. [applause] >> but keep in mind we still have more work to do. we have deficits that need to be dealt with and we need to think about how to put our economy on a long-term trajectory of growth and infrastructure to help our economy grow. keep in mind the threat of tax hikes going up
but with this congress that was obviously a little too much to hope for at this time. [laughter] >> maybe we can do it in stages. we'll solve this problem instead in several steps. last year in 2011 we started reducing the defend city through $1 trillion in spending cuts. those have already taken place. the agreement being worked on right now would further reduce the deficit by asking the wealthiest 2% of americans to pay higher taxes for the first time in two decades. so that would add...
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president obama says the u.s. cannot afford a politically self-inflicted wound to our economy. >> fortunately congress can prevent it from happening if they act right now. i just had a good and constructive discussion with senate and house leadership about how to prevent this tax hike on the middle class. i'm optimistic we may still be able to reach an agreement that can pass both houses in time. >> the wild card is figuring out what it will take to get a final deal to pass in the house of representatives. they return tomorrow, probably around when we find out if the top two senators reached an agreement. >> gregg: mike emmanuel live in washington. thanks very much. be sure to watch fox news sunday tomorrow. chris wallace talks fiscal cliff with u.s. senators lindsey graham and diane feinstein. check your local listings for the times. >> arthel: with a possible agreement being worked on behind closed doors to avoid going over the fiscal cliff, one casualty could be the defense department. severe financial cuts cou
president obama says the u.s. cannot afford a politically self-inflicted wound to our economy. >> fortunately congress can prevent it from happening if they act right now. i just had a good and constructive discussion with senate and house leadership about how to prevent this tax hike on the middle class. i'm optimistic we may still be able to reach an agreement that can pass both houses in time. >> the wild card is figuring out what it will take to get a final deal to pass in the...
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president obama in a radically different congress controlled by house speaker nancy pelosi and senate majority leader harry reid revisitted the bush tax cuts. in two separate votes in february, 2009, and december, 2010, democrats could have increased taxes on the wealthy if they really believed that what they now say. did they raise taxes on the wealthy? no. why not? democrats could have permanently protected lower and middle income families there higher taxes if democrats really believed what they now say. did they? no. why not? mr. speaker, why would a democrat congress and white house say they want to tax the wealthy but not do it? why would a democrat congress and white house say they want permanent tax relief for lower and middle income taxpayers yet not give it? the answer is simple, washington democrats twice voted against tax increases on the wealthy and twice voted against giving permanent tax relief to lower and middle income families so that they could run campaigns onp human emotions like greed, envy, and class warfare, and campaign against the very tax policies democrats
president obama in a radically different congress controlled by house speaker nancy pelosi and senate majority leader harry reid revisitted the bush tax cuts. in two separate votes in february, 2009, and december, 2010, democrats could have increased taxes on the wealthy if they really believed that what they now say. did they raise taxes on the wealthy? no. why not? democrats could have permanently protected lower and middle income families there higher taxes if democrats really believed what...
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>> reporter: president obama has put vice president joe biden in charge of a tax force looking at reducing gun violence. the president says he wants a report back next month. heather? heather: molly henneberg live for us in washington. thank you, molly. gregg: we're hearing new concerns our foreign policy will get more challenging over the next several months as violence intensifies in syria. and north korea and iran continue to defy international pressure over their nuclear programs. former u.s. ambassador to the united nations, john bolton will be here in three minutes on what to watch tore. heather: again, new information coming in on this breaking news coming out of the new york. firefighters ambushed and shot responding to a house fire. a live report right after the break. gregg: and with budget negotiations at a standstill there are new concerns about what a failed deal could actually do to the rest of the president's agenda. our political panel debates that coming up. >> i don't want taxes to go up. republicans don't want taxes to go up. but we only run the house. democrats continue
>> reporter: president obama has put vice president joe biden in charge of a tax force looking at reducing gun violence. the president says he wants a report back next month. heather? heather: molly henneberg live for us in washington. thank you, molly. gregg: we're hearing new concerns our foreign policy will get more challenging over the next several months as violence intensifies in syria. and north korea and iran continue to defy international pressure over their nuclear programs....
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a penalty congress imposed on itself last year when the super economy failed to find $1.2 trillion of cuts to live w half are those are directed at the pentagon but president obama said today said the cuts can be offset by raising taxes on the rich. >> we have raised revenue by the wealthy paying a little bit more, that would be sufficient to turn off what's called the sequester, the automatic spending cuts and also have a better outcome for our economy long term. >> senator graham thinks it's possible to find $600 billion in cuts elsewhere to spare the defense department for the next decade but a bipartisan agreement probably can't be reached until february or march. >> thank you. >>> joining us now more on this, the military cuts, jack keene, retired 4 star general. thank you for being with us tonight. >> glad to be here. >> how do you get the job done of protecting the country with fewer resources? >> well, it becomes difficult. we've already had a $480 billion cut that's taken place in the defense department. most experts who look closely at that cut believe there's too much risk
a penalty congress imposed on itself last year when the super economy failed to find $1.2 trillion of cuts to live w half are those are directed at the pentagon but president obama said today said the cuts can be offset by raising taxes on the rich. >> we have raised revenue by the wealthy paying a little bit more, that would be sufficient to turn off what's called the sequester, the automatic spending cuts and also have a better outcome for our economy long term. >> senator graham...
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we have a republican congress, a pretty conservative republican congress. people were comfortable voting for those folks. we look at governors, we have 30 republican governors now. so, many of the same people split their vote. they went for barack obama on the national level and when four republicans on local level. it is always more complicated. host: what is the future been like for the republican party? guest: we have no future. haven't you heard? we are done and finished. host: how do they deal on what seal -- guest: do have to argue for your point of view. i do not think we made a good argument at a national level. again, the argument was made effectively at the state level. there are 30 republican governors. that is a pretty big majority. there are a group -- majority of republicans in the house. at the national level, people can talk about whether the messenger was week, whether mitt romney was a great candidate and not. i did not think very many people think it was a great candidate. pit bull think he was a fine political -- human being a good polit
we have a republican congress, a pretty conservative republican congress. people were comfortable voting for those folks. we look at governors, we have 30 republican governors now. so, many of the same people split their vote. they went for barack obama on the national level and when four republicans on local level. it is always more complicated. host: what is the future been like for the republican party? guest: we have no future. haven't you heard? we are done and finished. host: how do they...
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i would like to make a general comment about the congress and the senate. somehow they have gotten off track for the american people. they need to bring jobs back to the united states. president obama promised in his campaign to lower the corporate tax rate, which i believe would bring some corporations back to set up their factories of in america and said of china, india, brazil. it just seems like congress and our leaders in general are trying to bring america down equal to the other nations of the world. i believe it is all headed for a one world government. they have to knock america down before they can get us equal with the other countries in the world. we are building the other countries up. it's a cinch to me like our leaders reject i agree with the last caller, there should be term limits. after they are in there so long, their interest is not in helping america. it seems to me like they are positioning for money in their own pockets or they become lobbyists. this secreted a law that they should not be able to become lobbyists for a few years sucke
i would like to make a general comment about the congress and the senate. somehow they have gotten off track for the american people. they need to bring jobs back to the united states. president obama promised in his campaign to lower the corporate tax rate, which i believe would bring some corporations back to set up their factories of in america and said of china, india, brazil. it just seems like congress and our leaders in general are trying to bring america down equal to the other nations...
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and their efforts in congress. here is what he had to say. [video clip] >> i am confident that we will see an agreement in the next 48 hours. if that does not happen, democrats in the senate will put a bill on the floor of the senate and republicans will have to decide whether or not they will block it, meaning that middle-class taxes go up. i do not think that they would want to do that, politically, but they may wind up doing that. if all else fails so that taxes go up on middle-class families on january 1, we will come back with a new congress on the fourth and the first bill on the floor will be to cut taxes on middle-class families. i do not think that the average person is one to say -- gosh, that is a really partisan agenda on the part of the president or democrats in congress. people will say -- that makes sense, that is what the economy needs right now. if one way or another we get through this -- do i wish that things were more orderly in washington, rational? that people listened to the best arguments, compromised, operating in an
and their efforts in congress. here is what he had to say. [video clip] >> i am confident that we will see an agreement in the next 48 hours. if that does not happen, democrats in the senate will put a bill on the floor of the senate and republicans will have to decide whether or not they will block it, meaning that middle-class taxes go up. i do not think that they would want to do that, politically, but they may wind up doing that. if all else fails so that taxes go up on middle-class...
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>> senator, we heard president obama say in an interview that if congress can't get anything done and we go over the fiscal cliff, that plan "d" essentially is to have another vote on january 4th when the new congress comes in, and that would just be a straight up or down vote on extending tax cuts for middle class families making up to $250,000 a year. do you think that's what happens? >> i'm hoping that we resolve this today to give the american people some certainty. the president doesn't seem too eager to actually get involved and find solutions to deal with the number one problem facing our country. if you do what the president just proposed and raise taxes on those folks, it helps fund the government for seven days. it doesn't deal with our fundamental spending problem in this country. bottom line is the president is the only one with a pen who can sign into law something and he ought to be very involved with making sure that he gets something that he will sign that will pass both a republican controlled house and a democrat controlled senate. >> senator, i mean there's been a l
>> senator, we heard president obama say in an interview that if congress can't get anything done and we go over the fiscal cliff, that plan "d" essentially is to have another vote on january 4th when the new congress comes in, and that would just be a straight up or down vote on extending tax cuts for middle class families making up to $250,000 a year. do you think that's what happens? >> i'm hoping that we resolve this today to give the american people some certainty....
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. >> that incredible to some people, but nonetheless before this past weekend, president obama quietly signed a executive order that gives a small pay raise to two million federal workers and a small pay raise to all 535 members of congress. they will get an extra $900 each in the forthcoming year starting march 27th. but they get a pay raise. so the people who could not come to an agreement on cutting spending will in fact be spending more on themselves using money which we do not have. heather: speaking of all that spending we are expected to hit the debt ceiling in just hours. another blow to the economy. >> that means that we are about to run out of money and we can not borrow anymore. treasury secretary tim geithner says, well, we'll move some money around so we won't default on our obligations but nonetheless we are out of money. this means if a debt ceiling deal is not included any fiscal cliff deal, and it is not likely to be. gregg: then this debt mess continues for a few months. and we've still got to argue that out in congress between congress and the president. heather: gei
. >> that incredible to some people, but nonetheless before this past weekend, president obama quietly signed a executive order that gives a small pay raise to two million federal workers and a small pay raise to all 535 members of congress. they will get an extra $900 each in the forthcoming year starting march 27th. but they get a pay raise. so the people who could not come to an agreement on cutting spending will in fact be spending more on themselves using money which we do not have....
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thank you very much, everybody. >> president obama talking about a possible up or down vote if congress cannot come to an agreement that both houses can agree on. after his meeting earlier today we heard from senate majority leader harry reid and mitch mcconnell and let's hear what they had to say from the floor of the senate. >> what plans we were talking about is that everyone knows we've been to the white house, we had a constructive meeting. we hope that something will -- positive will come out of that. we're working to see what we can come up with. we shouldn't take a long time to do that. i think it would be to everyone's interest that we're not in session tomorrow. my plan to come in at 1:00, we have an hour in our previous agreement that we have. there's an hour of debate, we will have a vote, we have another vote that has been set up. >> you're talking about sunday, right? >> sunday, right. the vote will start a little after 2:00 and for us we're going to have another caucus following that. hopefully by that time we will make that determination senator mcconnell and i will do s
thank you very much, everybody. >> president obama talking about a possible up or down vote if congress cannot come to an agreement that both houses can agree on. after his meeting earlier today we heard from senate majority leader harry reid and mitch mcconnell and let's hear what they had to say from the floor of the senate. >> what plans we were talking about is that everyone knows we've been to the white house, we had a constructive meeting. we hope that something will --...
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passed by congress. now, remember, and this is one of my predictions, foreign policy could sneak up on us. whatever we think that everything is about domestic policy, it often turns out to be about foreign policy and president obama will get frustrated with congress. as a second term president he'll probably do what other second term presidents have done, focus on foreign policy. >> juliet: all right, and your final prediction has to do with neil cavuto. >> this i believe, neil cavuto will continue to lose bets to me. now, neil doesn't get up this early on sunday as you know, but i hope somebody tells him what the prediction is, it was crystal clear in the crystal ball. >> juliet: we'll get to get his reaction. >> dave: i'll tell him right now and try to get his reaction on twitter. thank you. is your car ready for the long winter ahead? what you should always keep handy to make sure you're safe on the roads, it's next. ♪ slow ride, take it easy ♪ this is america. we don't let frequent heartburn come
passed by congress. now, remember, and this is one of my predictions, foreign policy could sneak up on us. whatever we think that everything is about domestic policy, it often turns out to be about foreign policy and president obama will get frustrated with congress. as a second term president he'll probably do what other second term presidents have done, focus on foreign policy. >> juliet: all right, and your final prediction has to do with neil cavuto. >> this i believe, neil...
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the obama administration coming under even more scrutiny over a september 11th terror attack at the u.s. consulate in bicep ghazi that killed -- benghazi that killed the u.s. ambassador and three other americans. u.s. ambassador to the u.n. susan rice first attributed it to a spontaneous uprising about an anti-muslim film. that turned out to be false, and now congressional leaders in both parties are demanding answers. and likely the most scandalous incident of the year throwing america's national security into crisis, former cia director david petraeus stepping down over an affair with his biographer, paula broadwell. it's later revealed that the top u.s. general in afghanistan, john allen, is under investigation for inappropriate communication with socialite jill kelley. but the intermingling doesn't stop there. the fbi agent who began this entire investigation is himself accused of sending this picture to kelley. he later says it was e-mailed as a joke. yes, 2012 was the year of falling from grace for many of these personalities, and in the digital world we all live in, the question
the obama administration coming under even more scrutiny over a september 11th terror attack at the u.s. consulate in bicep ghazi that killed -- benghazi that killed the u.s. ambassador and three other americans. u.s. ambassador to the u.n. susan rice first attributed it to a spontaneous uprising about an anti-muslim film. that turned out to be false, and now congressional leaders in both parties are demanding answers. and likely the most scandalous incident of the year throwing america's...